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- fx_amateur replied Nov 26, 2007
could almost think this is written by that guy who wrote BWLC
I hope this helps
- fx_amateur replied Nov 25, 2007
That's really great if someone can identify a bad system and tell why this system is supposed to lose but I am wondering this has given you a chance to deveop a system which REALLY works? By the way I have read so much about fibonacci retracements ...
Bash that system!!!
- fx_amateur replied Nov 24, 2007
I have to admit I have not dealt with the IRS bedore but tax authorities in other countries would ask you whether you do this as a business first , if this is a business they would allow you to deduct all expenses related to it but if you should ...
Forex Taxes
- fx_amateur replied Nov 23, 2007
Sure , this is true but only for people who are ready to stand aside and observe but we are not talking about such people , right? so I presonally am talking about how to trade now and in in the very next future and taking long positions with JPY on ...
End of Carry Trade
- fx_amateur replied Nov 22, 2007
There has not been a new trend there for years , there is no reason to assume something is gonna change now
End of Carry Trade
- fx_amateur replied Nov 21, 2007
You can be bullish with yen on USD/JPY but elsewhere it would be suicidal - at least for now
End of Carry Trade
- fx_amateur replied Nov 21, 2007
For starters many traders do not even know all nessecary details about their broker's margin call policy Second of all they don't have an specific plans on where to get out , they just start a trade and see what it does I think it does not matter ...
Why let yourself be margin called?
- fx_amateur replied Nov 20, 2007
why so offensive? I only wanted to help , if you mean that candlestick formations are what your buy/sell descisions are based on then it is rather you who is gonna need luck
Trading Strategy
- fx_amateur replied Nov 19, 2007
What I basically wanted to say here is that there are too many people looking for things which do not matter , all those candlestick formations conceal the truth and only serve as a cash cow to such people like Nison
Trading Strategy
- fx_amateur replied Nov 18, 2007
No , in fact I don't have this mentality because if if did I would definitely not be writing here but yes for most people this would the only way to make profits with trading - this is also the mentality behing each and every trading education site ...
How I Turned 1k To 100k In A Wk!!!
- fx_amateur replied Nov 18, 2007
ok so as far as I understand it is not reasonable to add to a losing position and when a position becomes losing it is only reasonable to wait until the loss reaches a certain point and get out? and what about adding to profitable positions?
Adding to losing positions
- fx_amateur replied Nov 18, 2007
So as far as I understand people do not add to losing positions? and the ones who do are kind of insane? andrew
Adding to losing positions
- fx_amateur replied Nov 18, 2007
Lsten up , this here is a strategy — I know a better way to make that kind of money: open a website and teach people how to trade on Forex , you can make thousands of % on your investments this way and the best thing is that you don't even ...
How I Turned 1k To 100k In A Wk!!!
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Adding to losing positions
Started Nov 17, 2007|Trading Discussion|20 repliesHello , I recently read about a trader who likes adding to losing positions , I would ...
- fx_amateur replied Nov 15, 2007
# scott , could you give me an example please? maybe sme trade you made recently because I have problem to understand the calculation without concrete figures
BAD November?
- fx_amateur replied Nov 15, 2007
I would say it is just nessecary to look at fundamentals , if the fundamentals are favourable it will be easier to trade and you will have a good time , if there are some major problems like now it will at least become more risky due to increased ...
BAD November?
- fx_amateur replied Nov 15, 2007
If you trade your own money almost every month will be bad but some of them will just be worse than bad If you trade someone else's money you will have many good months
Most Favourable Month
- fx_amateur replied Nov 15, 2007
That's really cool information but completely useless because you are talking in hindsight about pairs which did not have stong moves against the trend , unfortunately profits are not made in hindsight , so you better take a look at JPY and AUD ...
BAD November?
- fx_amateur replied Nov 15, 2007
Sorry I don't understand how the market can be always be right?
Trading Strategy
- fx_amateur replied Nov 15, 2007
yes indeed , I would be following what most people do if these people could also make profits but since most people lose why should it be reasonable to follow them?
Trading Strategy